Why is Tips Music falling/rising?

As of 07-Nov, Tips Music Ltd's stock price is currently at Rs. 494.95, reflecting a decline of Rs. 12.85 or 2.53%. The stock has been underperforming recently, having hit a new 52-week low of Rs. 489.2 today. Over the past four days, it has consistently fallen, resulting in a total decline of 6.72% in that period. The stock opened with a gain of 2.25% today but quickly fell to an intraday low, indicating volatility. Additionally, it is trading below all major moving averages, which suggests a bearish trend. The delivery volume has also decreased by 7.61% compared to the five-day average, indicating falling investor participation.
In the broader market context, Tips Music's performance has been notably weaker than the benchmark Sensex, which has gained 1.57% over the past month while Tips Music has declined by 11.29%. Year-to-date, the stock has dropped 35.19%, contrasting sharply with the Sensex's 6.50% increase. This significant underperformance relative to the benchmark highlights the challenges the company is facing in attracting investor interest and maintaining stock value amidst a generally positive market environment.